Global Hyperspectral Imaging Systems Market Growth 2023-2029

Global Hyperspectral Imaging Systems Market Growth 2023-2029

Hyperspectral imaging, like other spectral imaging, collects and processes information from across the electromagnetic spectrum. The goal of hyperspectral imaging is to obtain the spectrum for each pixel in the image of a scene, with the purpose of finding objects, identifying materials, or detecting processes. There are two general branches of spectral imagers. There are push broom scanners and the related whisk broom scanners, which read images over time, and snapshot hyperspectral imaging, which uses a staring array to generate an image in an instant.

LPI (LP Information)' newest research report, the “Hyperspectral Imaging Systems Industry Forecast” looks at past sales and reviews total world Hyperspectral Imaging Systems sales in 2022, providing a comprehensive analysis by region and market sector of projected Hyperspectral Imaging Systems sales for 2023 through 2029. With Hyperspectral Imaging Systems sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Hyperspectral Imaging Systems industry.

This Insight Report provides a comprehensive analysis of the global Hyperspectral Imaging Systems landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Hyperspectral Imaging Systems portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Hyperspectral Imaging Systems market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Hyperspectral Imaging Systems and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Hyperspectral Imaging Systems.

The global Hyperspectral Imaging Systems market size is projected to grow from US$ 89 million in 2022 to US$ 175.7 million in 2029; it is expected to grow at a CAGR of 175.7 from 2023 to 2029.

In 2018, North America is expected to account for the largest share of the global market. However, the Asia-Pacific region is expected to grow at the highest CAGR during the forecast period. The market for hyperspectral imaging systems is expected to grow in emerging economies in APAC as they have a growing number of manufacturing bases. These cameras are used for homeland surveillance, spaceborne applications, agriculture and mineral surveillance, and other research activities requiring constant spectral vigilance.

This report presents a comprehensive overview, market shares, and growth opportunities of Hyperspectral Imaging Systems market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type
Visible/Near Infrared (VNIR)
Short Wave Infrared (SWIR)
Medium Wave Infrared (MWIR)
Long Wave Infrared (LWIR)

Segmentation by application
Defense
Environmental Monitoring and Mineralogy
Food and Agriculture
Life Science and Medical Diagnosis
Vegetation and Ecology
Environmental Recycling

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Headwall Photonics
Resonon
Specim Spectral Imaging
IMEC
Surface Optics
Norsk Elektro Optikk A/S
Corning(NovaSol)
ITRES
Telops
BaySpec
Brimrose
Zolix
Wayho

Key Questions Addressed in this Report

What is the 10-year outlook for the global Hyperspectral Imaging Systems market?

What factors are driving Hyperspectral Imaging Systems market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Hyperspectral Imaging Systems market opportunities vary by end market size?

How does Hyperspectral Imaging Systems break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.